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Ainat [17]
3 years ago
13

Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8

0 Fixed expense per month $ 170,240 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
lara [203]3 years ago
7 0

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

= $170,240 / 76%

= $224,000

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A group of friends decided to divide the $800 cost of a trip equally among themselves. when two of the friends decided not to go
s344n2d4d5 [400]
Total cost for the trip = $800.

Let x  =  original number of friends.
Therefore the equally shared cost of the trip for each friend is $800/x.

After 2 friends drop out, the cost for each friend increases to $800/(x-2).
The increase in cost for each remaining friend is $20, therefore
\frac{800}{x-2} - \frac{800}{x} =20
Divide through by 20.
\frac{40}{x-2} - \frac{40}{x} =1\\ \\\frac{40x-40(x-2)}{x(x-2)} =1 \\ \\ \frac{80}{x(x-2)} =1
Cross multiply.
x(x - 2) = 80
x² - 2x - 80 = 0
(x + 8)(x - 10) = 0
x = -8 or 10
Reject x = -8 because we cannot have a negative number for friends.
x = 10

Answer: There were 10 friends in the original group.
6 0
3 years ago
An example of short term investment goal would be saving for:
Debora [2.8K]

Answer:

Watching movies

Explanation:

Short term goal can take days or weeks to accomplish, if you're saving for a house that will take months or even years, for retirement you have to be certain age and tertiary education is an education as the word said it comes third it means college studies for that also you have to wait a long time.

5 0
3 years ago
Once production is completed in all processing departments, production costs are transferred to ______.
Fed [463]
The answers is finished goods
5 0
2 years ago
A ________ system tracks all communications between the company and the customer, the purpose of each communication, and any nec
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Contact management is a system that tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.
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2 years ago
Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $
attashe74 [19]

Answer:

$1,702 , $1,497, and $1,957

Explanation:

The computation of the total cost is shown below:

Particulars Strawberry Vanilla Chocolate

Direct Labor $766          $841  $1,141

Direct Material  $816          $516  $616

Overhead   $120               $140        $200

                        (60 × 2)           (70 × 2)   (100 ×2)

Total Cost   $1,702           $1,497    $1,957

We simply added the direct labor cost, direct material cost and the overhead cost so that the total cost could come

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3 years ago
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